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Dec 26, 2012
12/12
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good >>> good morning, the fiscal cliff countdown clock is ticking. president obama and lawmaker will return to washington in hopes of inking a last-minute deal.
good >>> good morning, the fiscal cliff countdown clock is ticking. president obama and lawmaker will return to washington in hopes of inking a last-minute deal.
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Dec 30, 2012
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vote on a deal to avoid the fiscal cliff. both houses of congress are meeting in a rather sunday session. the senate convenes aat 1:00 eastern and the house at 2:00. our chief white house correspondent jessica yellen with the look at the chances for a deal and what's on the table. >> here in washington there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill has to extend unemployment insurance that would affect some 2 million americans, and increase taxes for the highest income earners. negotiators can still work out exactly where that tax increase would hit and whether they would halt an increase in the estate tax. in case those discussions break down, the president has asked democratic leader harry reid to prepare a separate bill to put on the floor
vote on a deal to avoid the fiscal cliff. both houses of congress are meeting in a rather sunday session. the senate convenes aat 1:00 eastern and the house at 2:00. our chief white house correspondent jessica yellen with the look at the chances for a deal and what's on the table. >> here in washington there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here in the white house, but all eyes were on the senate where negotiators...
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Dec 30, 2012
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. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire econ
. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here,...
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Dec 30, 2012
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as we all know from past battles, today's fiscal cliff fight is, sadly, typical. in fact, this congress is on track to go down as the least productive congress since recordkeeping began. in the course of nearly two years, the 112th congress has passed 219 bills that have actually been signed into law by president obama. but a lot of these laws were insignificant, things like the names of post offices. and a slew of bills passed by the house had no chance of passing the senate or getting the president's signature, like repeated attempts to repeal the affordable care act. the influence of the tea party lawmakers have been a clear factor. >> the tea party, which is not even on the screen about a year ago at this time, is a very domineering force. >> one story will be with us, the rise of the tea party. >> regardless of what those elites think, the tea party movement is authentic, grassroots movement. >> i wouldn't sell short these candidates. >> tea party americans, you're winning. >> it's a big mistake not to take it seriously. >> you think the tea party is here to
as we all know from past battles, today's fiscal cliff fight is, sadly, typical. in fact, this congress is on track to go down as the least productive congress since recordkeeping began. in the course of nearly two years, the 112th congress has passed 219 bills that have actually been signed into law by president obama. but a lot of these laws were insignificant, things like the names of post offices. and a slew of bills passed by the house had no chance of passing the senate or getting the...
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Dec 30, 2012
12/12
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. >> good morning, everyone. we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging them to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape. the vehicle that caused that accident is under investigation. >>> stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video for that. the eight members on board were killed. no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass conducted by pope benedict. they cheered
. >> good morning, everyone. we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging them to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other...
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Dec 24, 2012
12/12
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. >>> increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes is one week today. it is likely that the president and congress will work right to new year's ever. >>> overseas now, where an american has been killed by an afghan policewoman. there have been similar insider attacks, but this is the first time a female security officer has been involved. >>> the nra is not backing away from the call for armed officers in schools. congressman chris murphy, whose district includes newtown calls the stance tone deaf and revolting. >>> a rel christmas gift, getting to where you're going on time today. storms are causing major trouble. not only trying to get through snow-covered roads. rain and wind are grounding flights in warmer parts of the country as well. >>> finally, christmas a good time to do star-gazing. jupiter and the moon will be close together in the sky and very bright. you'll be able to see them even in urban areas. the star of bethlehem may have been a similar astronomical event. you have to look to t
. >>> increased fears this morning about running off the fiscal cliff. the deadline for preventing tax hikes is one week today. it is likely that the president and congress will work right to new year's ever. >>> overseas now, where an american has been killed by an afghan policewoman. there have been similar insider attacks, but this is the first time a female security officer has been involved. >>> the nra is not backing away from the call for armed officers in...
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Dec 27, 2012
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harry reid is expected to speak at any time now about the fiscal cliff. reid and fellow senators are under intense scrutiny after john boehner said the senate must act first on proposals already passed his bihis chamber. we'll bring you his remark when is they happen. >>> the other top story growing outrage over a decision to publish a map with names and addressed of people who have gun permits. the map was created with publicly-available information. it pinpoints the location of licensed permit holders for handguns. we reached out for the paper and they sent us this back. "the mass kwer in newtown, connecticut, remains atop our minds. readers are keenly interested to know about who owns guns in their neighborhood." brian todd joins me now. you talked to gun owners about this issue. what did they say? >> there's a lot of fallout over this map. when you work this map on the interpret, all you have to do is click on the dots and the name and address of the permit holder pops up there. we went to a gun store in virginia. the manager did not want the store id
harry reid is expected to speak at any time now about the fiscal cliff. reid and fellow senators are under intense scrutiny after john boehner said the senate must act first on proposals already passed his bihis chamber. we'll bring you his remark when is they happen. >>> the other top story growing outrage over a decision to publish a map with names and addressed of people who have gun permits. the map was created with publicly-available information. it pinpoints the location of...
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Dec 27, 2012
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the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent data out of europe, we will talk about in a minute what a day for the asian markets again. also coming up. our road map begins at andrews air force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt? does the market fade if there's no news tomorrow night? >> the nikkei continues its 21-month run. how much is the boj willing to put up with? >> looking a at potential strike in the nation's port on the east and southern coast, the first since '77 that could cost retailers and importers billions. businesses now asking its white house to get involved. >>> you can now get the nokia lumia for free, depending on the service provider contract you sign s that standard practice or a sign the company's flagship phone suspect selling well? >>> we will start off with news about the fiscal cliff. congr
the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent data out of europe, we will talk about in a minute what a day for the asian markets again. also coming up. our road map begins at andrews air force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt? does the market fade if there's no news tomorrow night?...
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Dec 24, 2012
12/12
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well, on this christmas eve, the fiscal cliff is one day closering and much of the talk in congress focused who's to blame for a lack of a deal. there are nine days off to head off mandatory tax cuts and tax hikes. nancy cordes is in honolulu where the president is having his christmas vacation. and nancy, good morning. >> reporter: good morning to you, rebecca. it's almost as if the president and congressional leaders have called a sort of time-out when it comes to the fiscal cliff. there are no major discussions going on right now about what to do now that talks between the president and the speaker have appeared to have stalled. they were both here yesterday for the funeral of daniel inu way and & we're told they didn't know what to do next. the president urged leaders to craft a sort of scaled down plan that simply extends the bush tax rates for the middle class and extends long-term unemployment benefits for another year. but jeff and rebecca, it's really unclear whether even a package like that could pass both houses of congress, and so the president is going to be cutting his vacatio
well, on this christmas eve, the fiscal cliff is one day closering and much of the talk in congress focused who's to blame for a lack of a deal. there are nine days off to head off mandatory tax cuts and tax hikes. nancy cordes is in honolulu where the president is having his christmas vacation. and nancy, good morning. >> reporter: good morning to you, rebecca. it's almost as if the president and congressional leaders have called a sort of time-out when it comes to the fiscal cliff....
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Dec 25, 2012
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the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just release
the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was...
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Dec 26, 2012
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of course, there's only one main story this morning. it's a familiar one. the looming fiscal cliff. aides for both parties now saying a partial agreement or patch probably the most that we can be expecting before january 1. >> i think we're dealing now with whether or not we can put off the -- the increase in tax rates. that's really all we can deal with now. >> the next session of the senate is now set for tomorrow. the house has nothing on its schedule for this week. members have been told they could be called back within 48 hours' notice. meantime, and this i guess is also the big news, the white house saying the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's
of course, there's only one main story this morning. it's a familiar one. the looming fiscal cliff. aides for both parties now saying a partial agreement or patch probably the most that we can be expecting before january 1. >> i think we're dealing now with whether or not we can put off the -- the increase in tax rates. that's really all we can deal with now. >> the next session of the senate is now set for tomorrow. the house has nothing on its schedule for this week. members have...
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Dec 29, 2012
12/12
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to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-
to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax...
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Dec 27, 2012
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fiscal cliff. we're now just five days away from going over the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas
fiscal cliff. we're now just five days away from going over the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house...
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Dec 27, 2012
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the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so what you've got is what's described in economic game theory is where everyone has decided on their strategy, looked at the strategies of the oar players and figuring that their optable strategy is to go over the cliff and pick up the pieces later. >> and basically fight for which party is going to get the most blame in the meantime, right? >> that's right. this is a finger-pointing exercise. everyone is sort of putting together their best case for why the other guy is at fault. you know, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the
the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so...
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Dec 26, 2012
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out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the republican plan b deal that extends tax cuts to everyone under millionaire. he was confident that the cliff could be avoided last time we heard from him. >> of course, hope springs eternal and i know we have in us to come together and do the right thing. we'll work on a plan to protect families and small businesses. >> and so there is time for a in person meeting. >> we are getting some twitter for rick. what is new york city looking like with a nor'easter on thursday. i want to know the answer on that. deadly storm system that pound
out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker...
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Dec 26, 2012
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president obama cuts his hawaiian vacation short to deal with the fiscal cliff. it is already too late? good morning, 7:00 in the east. i'm alina cho. >> and i'm drew griffin. soledad o'brien is off today. "starting point" begins right now. >>> our starting point, a cruel one. a one-two christmas punch from mother nature. tornadoes and blizzards tearing through the south and midwest. >> oh, my god. we need to go. it's right there. >> mobile, alabama, took a real beating. a twister blowing up transformers, leaving more than 25,000 customers without power. reports to damage to homes, a high school, and church. >> it came in behind the church right there, and then all green fluorescent lighting and popping transformers left and right. and we heard the crashing and everything and the power went out. >> i prayed to god as loud as i could, and i was just praying for my safety, and i knew the church was shaking. i just prayed that the church stayed put. >> here is the other half of this story, blizzard conditions blanketing much of the midwest and the northeast will get
president obama cuts his hawaiian vacation short to deal with the fiscal cliff. it is already too late? good morning, 7:00 in the east. i'm alina cho. >> and i'm drew griffin. soledad o'brien is off today. "starting point" begins right now. >>> our starting point, a cruel one. a one-two christmas punch from mother nature. tornadoes and blizzards tearing through the south and midwest. >> oh, my god. we need to go. it's right there. >> mobile, alabama, took a...
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last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first over the fiscal cliff. >> julia: before we talk about the fiscal cliff. you did cavuto. you did o'rielly or i mean not o'rielly. the five. today you have this show and then cavuto and then on the five. >> you will be on the five. >> julia: and then other things. >> it is one of those days. iclele ladies and gentlemen, eric bowling -- boling is the mara thon man. >> it is good to be here. >> julia: yes, it is good to be here. >> kelly: thank you for joining us this morning. >> julia: the headlines and fox news alert it appears russian president vladimir putin is trying to make
last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first...
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Dec 29, 2012
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countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the expwrort leader can make to his conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle
countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republican the senatech mcconnell the is trying really hard to figure out a way to avoid the fiscal cliff public. >> we had a...
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Dec 28, 2012
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i'm hearing a real lack of confidence that we don't go over the fiscal cliff and i think the expectation is that perhaps we go over it for a day or two, and some are rationalizing that you can go over it maybe for a day or two, and it's still going to be okay, that it's something that can be resolved and of course as you know the markets will open on january 2nd, and the thought is that if there is something in the works that perhaps that will be a good sign and will be somewhat encouraging even if we do go over the cliff. the senate was in yesterday, and all eyes are very much on the senate as it's seen that senate majority leader harry reid will be the next one to act, trying to come up with some sort of framework that can get some buy-in from senate republicans, and ultimately then would need some buy-in from house republicans, but he's not going to be able to do it without some support, so the expectation is that the senate will be taking up a bill that the house passed quite a while ago that would extend all rates for americans and that they could, for all americans but they could t
i'm hearing a real lack of confidence that we don't go over the fiscal cliff and i think the expectation is that perhaps we go over it for a day or two, and some are rationalizing that you can go over it maybe for a day or two, and it's still going to be okay, that it's something that can be resolved and of course as you know the markets will open on january 2nd, and the thought is that if there is something in the works that perhaps that will be a good sign and will be somewhat encouraging...
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Dec 25, 2012
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if we do go over the fiscal cliff, how will it affect you from your paycheck to your retirement accounts? we're going to give you all the tips you need to protect yourself. here to do that this morning is ry ryan mac, president of opt middle school management. >> kudos for being able to pronounce that honolulu merry christmas saying. >> i don't think i can do it again. ahah! let's start with your paycheck as it applies to the fiscal cliff. if we go off the fiscal live how will mooirn and everybody's paycheck be affected? the majority of the paycheck won't be afeektded until 2014 when people file for 2013 stackses. there are certain things that are impacted right away like the payroll tax cut. for individuals earning about $50,000 a year, they'll be having to pay about $85 less because of the payroll tax cut will be expiring so that will be, again, almost $90 a month that will mere live come into play but the majority of the individuals when 2014, when they file their taxes they might be in for a surprise if we don't get to a deal quickly. >> what do people need to do to prepare themselve
if we do go over the fiscal cliff, how will it affect you from your paycheck to your retirement accounts? we're going to give you all the tips you need to protect yourself. here to do that this morning is ry ryan mac, president of opt middle school management. >> kudos for being able to pronounce that honolulu merry christmas saying. >> i don't think i can do it again. ahah! let's start with your paycheck as it applies to the fiscal cliff. if we go off the fiscal live how will...
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Dec 30, 2012
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the fiscal cliff? who gets a pay raise before they get the job done? it's a ridiculous notion and shows me how out of touch washington d.c. is with the rest of the country. >> dave: it's certainly not about merit. according to one report, this is the least productive congress since the 1940's in terms of the amount of bills they've passed that have gone into law. let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can spin through to give you an example. john boehner increase of $1,000, so they're not enormous raises, they are fairly mottdest, right, peter? >> they are fairly modest, it affects not only congress, but the supreme court justices and also includes senior executives in the executive branch. the cost of this, according to the congressional budget office, is going to be about 1 billion dollars a year with this increase for senior executives in government. so, literally, think about this. they're talking about the fiscal cli
the fiscal cliff? who gets a pay raise before they get the job done? it's a ridiculous notion and shows me how out of touch washington d.c. is with the rest of the country. >> dave: it's certainly not about merit. according to one report, this is the least productive congress since the 1940's in terms of the amount of bills they've passed that have gone into law. let's talk about some, joe biden, for example, gets a raise 225 to now $231,000. we move on to a couple of others, if we can...
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, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only 20 votes short. those were folks that from an ideological standpoint are against raising any taxes whatsoever. it's less than a week and a half or so, a more mod ralt congress and they hope that the new folks that are coming into the congress will be a little bit more moderate and the process maybe will put something over the top. >> you have seen the stories about the death of the tea party and they don't have it as important as they did. >> they are very vocal. >> they are important when you have a system of government in the house where you have to pass things. the majority itself. t
, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only 20 votes short. those were folks that...
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Dec 30, 2012
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over the fiscal cliff. the house and senate are expected to go back into session this afternoon. senate leaders hope to get legislation on paper by tonight with hopes of taking a vote tomorrow. >>> and the clock is also ticking toward the biggest game in recent memory for the washington redskins. they will face the dallas cowboys at fedex field tonight. the winner wins the nfc east. the skins won the first meeting this year, 38-31. >>> and gwen says it is going to be very cold out there. >> it is. >> but hopefully fan cheering will keep them warm. >> i think so. i think they are going to forget about the cold and get into the spirit of that all important game out there. lots to talk about weatherwise. take a look outside, it's a live shot down on wisconsin avenue from our tower cam and you can't really see much going on there right now as far as the wind is concerned, but we have some gusty winds that are happening outside right now and definitely going to be sticking around for most of the day. as far as s
over the fiscal cliff. the house and senate are expected to go back into session this afternoon. senate leaders hope to get legislation on paper by tonight with hopes of taking a vote tomorrow. >>> and the clock is also ticking toward the biggest game in recent memory for the washington redskins. they will face the dallas cowboys at fedex field tonight. the winner wins the nfc east. the skins won the first meeting this year, 38-31. >>> and gwen says it is going to be very cold...
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Jan 1, 2013
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earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we do things around here, but i think we've done some good for the country. >> this is what the deal means for you and your family. bush era tax cuts extended for individuals earning less than $400,000 a year, and couples earning less than $450,000. unemployment benefits extended for a year for 2 million americans and a permanent adjustment for inflation, for the alternative minimum tax. a pretty big deal. wondering about spending cuts, keep wondering, lawmakers deferred. they will fight over those cuts over the next two months, probably again and again and again. despite the progress o
earlier this morning, the senate passed a plan to fend off the fiscal cliff. the deal was crafted by vice president joe biden and the senate minority leader mitch mcconnell. the senate vote was overwhelming, 89-8. that say big vote these days. and the senarepublican controll house left well before midnight, they have to take up the matter today. >> our most important priority is protecting middle class families. this legislation does that. >> this shouldn't be the model for how we...
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Dec 31, 2012
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that's not even part of the fiscal cliff. that's in addition to the fiscal cliff. >>> good morning. we're live at the new york stock exchange. of course the moment we've been waiting for, the senate reconvening as we speak. 11:00 a.m. eastern time. we are waiting to see whether any progress has been made between republican senator mitch mcconnell and vice president joe biden. john harwood has told us they have not only had constructive talks, but talked past midnight, at 6:30 a.m. this morning. markets reacting quite like this, the dow down about 12 points, s&p positive by about three, and the nasdaq up about 15. meantime in hong kong, they are already celebrating the new year. this is a live picture of what's happening on the other side of the planet and that scene will be a lot more familiar to those on the east coast in just a few hours time. meantime just a few hours to go, still no deal on the fiscal cliff. how are the markets going to be impacted heading into the new year? head of research joining us from new york, andrew, happy new year to you. all kinds of predictions becaus
that's not even part of the fiscal cliff. that's in addition to the fiscal cliff. >>> good morning. we're live at the new york stock exchange. of course the moment we've been waiting for, the senate reconvening as we speak. 11:00 a.m. eastern time. we are waiting to see whether any progress has been made between republican senator mitch mcconnell and vice president joe biden. john harwood has told us they have not only had constructive talks, but talked past midnight, at 6:30 a.m. this...
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Dec 28, 2012
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not just the fiscal cliff. dairy farms have issues, wind farms facing cliffs of their own. brings us to this morning's squawk on the tweet. our question is this. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? >> cliffs with soft edges, slippery slopes, narrow winding trails and no watering holes. sounds terrible. mark writes the twinkie cliff. oh, wait that already happened. one of the big business stories of 2012. gregory writes the ones in the andes mountains in peru where i trek every june. a lot to worry about as we go into the new year. want to touch on some movers in today's session. check out hp confirming the justice department is looking into allegations that autonomy engaged in some questionable accounting practices before hp acquired it last year. this was huge news
not just the fiscal cliff. dairy farms have issues, wind farms facing cliffs of their own. brings us to this morning's squawk on the tweet. our question is this. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? >> cliffs with soft edges, slippery slopes, narrow winding trails and no watering holes. sounds terrible. mark writes the twinkie cliff. oh, wait that already happened. one of the big business stories of 2012. gregory writes the ones in...
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Dec 31, 2012
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on their demands to prevent a fiscal cliff that will take a lot of negotiating to reach a deal. >> the american people know what's at stake here, we have a tenuous recovery, we have more people going back to work now, businesses are a little more confident. but this is really important, this fiscal cliff is an important element in economic recovery, i hope we get it done. >> across the aisle. republican congressman, tom cole says a deal, any deal will be hard to get done. >> there's not enough revenue in this package to fix the fiscal problems for the country. we're going to be in hand to hand warfare beginning in january with the continuing resolution the debt ceiling to try to deal with spending issues. >> continued uncertainty about tax and spending policies in 2013 could result in another recession. frustration seems to be the operative word tonight. if no fiscal cliff deal is reached, most everyone's taxes will go up tuesday with deep spending cuts kicking in. earlier i spoke with a democratic and republican strategist. they seemed to echo the sentiment of the voters. >> this is l
on their demands to prevent a fiscal cliff that will take a lot of negotiating to reach a deal. >> the american people know what's at stake here, we have a tenuous recovery, we have more people going back to work now, businesses are a little more confident. but this is really important, this fiscal cliff is an important element in economic recovery, i hope we get it done. >> across the aisle. republican congressman, tom cole says a deal, any deal will be hard to get done. >>...
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Dec 31, 2012
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one to the new year, the other is to the painful fall off the fiscal cliff. democrats and republicans went to the bull pen on sunday, calling in their so-called closers. here is one, here is the other. vice president joe biden and senate minority leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to reduce social security cost of living increases. >> i was really gratified to hear republicans had taken the demand for social security benefits off the table. truth is, they never should have been on the table to begin with there is still significant distance between the two sides, but negotiations continue. >> the
one to the new year, the other is to the painful fall off the fiscal cliff. democrats and republicans went to the bull pen on sunday, calling in their so-called closers. here is one, here is the other. vice president joe biden and senate minority leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these...
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. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera wh
. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher...
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Dec 26, 2012
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on to the fiscal cliff this morning. the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas e
on to the fiscal cliff this morning. the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should...
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in the headlines this morning, as the fiscal cliff approaches congressional leaders are set to meet with president obama at the white house this afternoon. got that going for us. news of the meeting helped u.s. stocks come well off their lows yesterday. but major averages are still coming off four consecutive losing sessions. and a threatened strike could idle more than 14,000 long shoremen this weekend. the 15 east coast courts involved in a labor dispute handle about 40% of the nation's cargo. the union contract prior one expired back in september. a 90-day extension ends this sunday. and a judge best known for his involvement in insider trading cases is handed down a ruling in a very different type of case. you know this guy? judge rakoff has reaffirmed that sly stallone did not copy someone else's screenplay for his 2010 movie "the expendables." he basically copied his rocky screen play from somebody else -- no, that's a joke. he didn't do that. i could probably get in trouble for saying that. >> we should have him on. >> i don't know, can judges come on tv? >> i don't think so. >> s
in the headlines this morning, as the fiscal cliff approaches congressional leaders are set to meet with president obama at the white house this afternoon. got that going for us. news of the meeting helped u.s. stocks come well off their lows yesterday. but major averages are still coming off four consecutive losing sessions. and a threatened strike could idle more than 14,000 long shoremen this weekend. the 15 east coast courts involved in a labor dispute handle about 40% of the nation's...
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Jan 1, 2013
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this morning when the senate finally passed this historic measure, which puts the fiscal cliff behind us, if the house of representatives passes it as well. i hope they take it up today and pass it with the same bipartisan spirit we saw in the senate today. it was a significant vote and emotional for several reasons. several of our colleagues were casting their final vote as a united states senators. we wish them the best. it was also a vote of high emotion because i cannot think of another vote in recent time the american people followed so closely. i cannot think of a time i have been on an airplane or a restaurant without somebody coming up to me in asking what was going to happen. they were concerned, as they should have been. this has finally mobilized on a bipartisan basis a majority to pass this measure in the senate. the president has shown extraordinary leadership on this. he thought about a long and hard, left his family vacation to come back to washington and try to put together a solution to this fiscal crisis. he was successful in the senate, and i hope he will be in the
this morning when the senate finally passed this historic measure, which puts the fiscal cliff behind us, if the house of representatives passes it as well. i hope they take it up today and pass it with the same bipartisan spirit we saw in the senate today. it was a significant vote and emotional for several reasons. several of our colleagues were casting their final vote as a united states senators. we wish them the best. it was also a vote of high emotion because i cannot think of another...
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happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what happens here in washington, is that nothing really happens until they're really up against the deadline. that's why i'm also told by some democrats who really know what the process is going to be, if there is one, that they don't even see this potentially happening, if there is any kind of legislation that goes before december 31st, until probably that day, december 31st, because the pressure will have to be on to get enough republicans in the house and the senate, to pass this. >> right up to the edge. thank you, dana. thank you, jessica. now, right now, the most likely deal on the table seems to
happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what...
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the senate passed the fiscal cliff deal with an overwhelming bipartisan vote. it was 89-8. want to bring in jessica yellin at the white house. you, too, were up late early in the morning here. the president, how does he feel things are going? we went over the cliff but clearly there's still more work to be done. >> reporter: well, look, they're not coming out and talking so they're being careful and letting the process unfold as it needs to. but there's a sense here that this deal will get done. and that they have wrapped up this -- this part of the process will be wrapped up today, suzanne. and you know, i'd say that there's also a sense here that the president did get a win. that's the view from this end of pennsylvania avenue. there are many different views on the other end. the sense here is that, for example, this is as they're saying in their talking points the first bipartisan agreement to raise taxes on the wealthy in 20 years. now, that is, in fact, an accomplishment for a democratic president they got a concession from the republican party to let taxes increase on
the senate passed the fiscal cliff deal with an overwhelming bipartisan vote. it was 89-8. want to bring in jessica yellin at the white house. you, too, were up late early in the morning here. the president, how does he feel things are going? we went over the cliff but clearly there's still more work to be done. >> reporter: well, look, they're not coming out and talking so they're being careful and letting the process unfold as it needs to. but there's a sense here that this deal will...
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Dec 24, 2012
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in studios with his,000s on the market and the fiscal cliff this morning, jason trennert. >> that tie. >> he's got the red tie. >> santa tie. >> take a look at the futures, see how this half day of trading is setting up. looks like the dow will open down about 18 points, s&p 500 will be off about three points and the nasdaq off close to 10 points. let's get you through some of the quick morning headlines. it is an abbreviated trading day for u.s. stocks ahead of the christmas 408 day. trading ends at 1:00 p.m. eastern time. japanese stocks did not trade today and the german and italian markets were among those in europe taking the day off. the uk was open. mexico's grupo bimbo -- >> it's right. >> grupo bimbo reportedly considering a bid for the hostess snack take. grupo bimbo -- >> that gets you, doesn't it? you're like in fourth grade. >> because it's -- i can't even -- >> because it says bimbo? >> i can't -- >> it's mexican, andrew. >> i know. >> you can't even get through the story because it says bimbo? >> it's been a tough morning. >> i'm going to make it tougher. >> -- consider
in studios with his,000s on the market and the fiscal cliff this morning, jason trennert. >> that tie. >> he's got the red tie. >> santa tie. >> take a look at the futures, see how this half day of trading is setting up. looks like the dow will open down about 18 points, s&p 500 will be off about three points and the nasdaq off close to 10 points. let's get you through some of the quick morning headlines. it is an abbreviated trading day for u.s. stocks ahead of the...
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alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to t
alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time,...
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Dec 31, 2012
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. >>> now to the latest on the fiscal cliff. just a matter of hours until we officially go over the edge. still no deal in sight. lawmakers scrambling this morning to put together an 11th-hour compromise or we'll be ringing in higher taxes along with the new year. jonathan karl is in washington. good morning, jon. >> reporter: good morning, dan. with taxes set to go up at the stroke of midnight. talks went late into the night and will continue this morning. as washington teeters on the edge of the fiscal cliff, there is still no deal. as talks continued overnight, a voice of frustration erupted on the senate floor. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> reporter: the republican and democratic senate leaders negotiated all weekend long. the talks hit a brick wall. harry reid saying he was unable to even counter the latest republican offer. >> at this stage, we're not able to make a counteroffer. it appears that there are things that stop us from moving for
. >>> now to the latest on the fiscal cliff. just a matter of hours until we officially go over the edge. still no deal in sight. lawmakers scrambling this morning to put together an 11th-hour compromise or we'll be ringing in higher taxes along with the new year. jonathan karl is in washington. good morning, jon. >> reporter: good morning, dan. with taxes set to go up at the stroke of midnight. talks went late into the night and will continue this morning. as washington teeters...
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cliff deal that passed the senate in the wee hours of the morning. biden is playing a major role in the negotiations. jessica yellin is at the white house. jessica, what is the mood after the vice president's meeting there? >> reporter: hi, deb. first of all, the vice president's motorcade just got back here to the white house. so clearly work continues. there is a sense still that things are progressing and this is going to come to completion. it's not surprising to anybody that there are concerns by democrats and that some of them would voice them. the vice president's meeting lasted about 90 minutes. obviously if everything was smooth sailing, it would have lasted much less time. so but they're used to that. vice president biden has done these deals now three times. and he goes up there and is sometimes the punching bag and listens to what democrats have to complain about, takes it all on board, explains to them. one person in the room i thk tweeted out and described it as a bit of a filibuster by the vice president. but he is done now and back an
cliff deal that passed the senate in the wee hours of the morning. biden is playing a major role in the negotiations. jessica yellin is at the white house. jessica, what is the mood after the vice president's meeting there? >> reporter: hi, deb. first of all, the vice president's motorcade just got back here to the white house. so clearly work continues. there is a sense still that things are progressing and this is going to come to completion. it's not surprising to anybody that there...
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. >>> we will get to the fiscal cliff. five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the mix up between sending a plan and not sending a plan by the president? >> hi, john. the bottom line is both sides want to take action and before senat senator mcconnell decides whether to filibuster the measure and whether the other republicans in the party will filibuster, they have to see the details in the proposal. will there be an estate tax provision? how will unemployment which is expected to be extended? will it be paid for? what spending measures will be in this and spending cuts, etc. there will be more details spelled out and where will that come from? will it com
. >>> we will get to the fiscal cliff. five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the...
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cliff. and the house won't even be back to work until sunday, just two days before the year-end deadline. then there is also the milk fiscal cliff. have you heard of that one? if congress does not pass a new farm bill by january 1st, milk prices could nearly double some say to as much as about $7 a gallon. they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you. >> thank you, sherri. >>> we've been getting responses to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the deadline? tammy simpson writes -- peggy fleming says -- >> a lot of people fired up obviously over this. >>> traffic is back to normal on the springfield interchange, even while virginia state police continue to investiga
cliff. and the house won't even be back to work until sunday, just two days before the year-end deadline. then there is also the milk fiscal cliff. have you heard of that one? if congress does not pass a new farm bill by january 1st, milk prices could nearly double some say to as much as about $7 a gallon. they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you....
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over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in right now. the president's offer is the one on the table right now. at this point the choices are getting very, very narrow. i didn't hear do nothing. i didn't hear about a grand bargain. the other big thing over the weekend, i was getting a lot of e-mail about, is when will the treasury department declare they've run out of the capability to borrow money. certainly by the end of february, everybody knows that. but some people think it could happen sooner than that. that will bring up the whole issues about the rating agencies coming out with warnings of a do
over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought...
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the fiscal cliff almost here, but the effects are very real and starting already. >>> good morning. welcome to "early start." i'm ali velshi. >> i'm christine romans. >> and i'm dr. sanjay gupta. >> good morning. hilary clinton has been admitted to the hospital for a blood clot, it is believed to be related to a concussion she suffered earlier this month. she will be hospitalized for 48 hours for hospitalization. she had just been cleared to return to work. what's going on here? jill daugherty has been following developments for us. live in the washington bureau. we're hearing 48 hours and seem to be saying it's not that serious. what are you hearing from the doctors? >> well, at this point, it's not really that clear. in fact, there was a statement coming out of the state department from phillip ryans, indicating the lack of clarity about this. he said her doctors will continue to assess her condition, including other issues associated with her concussion. they will determine if any further action is required." now, those other issues associated with her concussion, that's not clea
the fiscal cliff almost here, but the effects are very real and starting already. >>> good morning. welcome to "early start." i'm ali velshi. >> i'm christine romans. >> and i'm dr. sanjay gupta. >> good morning. hilary clinton has been admitted to the hospital for a blood clot, it is believed to be related to a concussion she suffered earlier this month. she will be hospitalized for 48 hours for hospitalization. she had just been cleared to return to work....
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172
Dec 27, 2012
12/12
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CNBC
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>> no. >> the fiscal cliff topping our headlines this morning. speaker john boehner urging the senate to come up with a passable debt solution, promising to at least consider any bill the uper chamber produces. senator harry reid to continue tax breaks for households with incomes below $250,000. the senate bill would also likely contain an extension of expiring unemployment benefits. the fiscal cliff is not the only ticking clock in washington. in a letter to congress treasury secretary tim geithner said the u.s. would hit the $16.4 trillion ceiling on monday. without extraordinary measures geithner announced that the treasury would begin accounting moves that would keep the government from hitting its credit limit for about two months. the treasury secretary warning that it's hard to predict exactly how much time the accounting moves will buy, because ongoing cliff negotiations make it hard for them to forecast revenue and spending for next year. >>> housing prices, some good news. on track to record their first yearly gain since 2006. it's a fr
>> no. >> the fiscal cliff topping our headlines this morning. speaker john boehner urging the senate to come up with a passable debt solution, promising to at least consider any bill the uper chamber produces. senator harry reid to continue tax breaks for households with incomes below $250,000. the senate bill would also likely contain an extension of expiring unemployment benefits. the fiscal cliff is not the only ticking clock in washington. in a letter to congress treasury...
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118
Jan 1, 2013
01/13
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CSPAN
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89-9 was the final passage oven their so-called fiscal cliff legislation. the house is in recess subject to the call of the charpe. the democrats held a press conference, the republicans are still meeting. we're getting tweets and reporter information that majority leader eric cantor is against the senate-passed bill. phone numbers reason the screen if you would like to dial in and make a comment about what is going on right now in washington on this first day of 2013. while we get those calls up i want to read some of these tweets that have been coming in and literally, thousands of them at the #fiscal cliff. this is from samuel, how can the senate pass a bill 89-8 and the out can't? this is jordan, is house g.o.p. rejection of the fiscal cliff deal sign that the they that obama won't be negligenting on the debt ceiling? >> this is art. where does this leave us at this point? amendments, no time for that, pass it. nothing like bringing in the new year with a good old fiscal cliff get it together congress. henry is on our independent line, henry, good after
89-9 was the final passage oven their so-called fiscal cliff legislation. the house is in recess subject to the call of the charpe. the democrats held a press conference, the republicans are still meeting. we're getting tweets and reporter information that majority leader eric cantor is against the senate-passed bill. phone numbers reason the screen if you would like to dial in and make a comment about what is going on right now in washington on this first day of 2013. while we get those calls...